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ESLA's Extended Stay Hotel Success: Masterful Lodging Industry Insights

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Manage episode 436976740 series 3560444
Content provided by No Vacancy Live and No Vacancy Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by No Vacancy Live and No Vacancy Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The ultimate guide to extended stay with Glenn McFarland, VP at Choice Hotels’ Extended Stay brand, and co-host Matt McElhare, VP and Segment Lead at Choice Hotels International.

We’re digging into the unique opportunities within the extended stay segment, sharing valuable lessons from industry pioneer the late Jack DeBoer, and discussing how to achieve success in this growing market.

Whether you're a seasoned hotel investor or new to the space, this episode offers essential advice on maximizing returns, understanding guest needs, and maintaining operational discipline.

Learn:

• The importance of understanding the extended stay segment, with insights from industry icon Jack DeBoer.

• The significance of maintaining operational discipline and avoiding unnecessary costs.

• Real-life examples of how extended stay hotels can make a difference in guests’ lives.

• The role of professional management companies to ensure property success.

• Strategies for investors determining the right type of extended stay product for different markets.

• The importance of focusing on what guests need, not what investors think they want.

  continue reading

1388 episodes

Artwork
iconShare
 
Manage episode 436976740 series 3560444
Content provided by No Vacancy Live and No Vacancy Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by No Vacancy Live and No Vacancy Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The ultimate guide to extended stay with Glenn McFarland, VP at Choice Hotels’ Extended Stay brand, and co-host Matt McElhare, VP and Segment Lead at Choice Hotels International.

We’re digging into the unique opportunities within the extended stay segment, sharing valuable lessons from industry pioneer the late Jack DeBoer, and discussing how to achieve success in this growing market.

Whether you're a seasoned hotel investor or new to the space, this episode offers essential advice on maximizing returns, understanding guest needs, and maintaining operational discipline.

Learn:

• The importance of understanding the extended stay segment, with insights from industry icon Jack DeBoer.

• The significance of maintaining operational discipline and avoiding unnecessary costs.

• Real-life examples of how extended stay hotels can make a difference in guests’ lives.

• The role of professional management companies to ensure property success.

• Strategies for investors determining the right type of extended stay product for different markets.

• The importance of focusing on what guests need, not what investors think they want.

  continue reading

1388 episodes

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